LEONES called this triangle breakout to me before it happened. I am looking for a correction to get long.
Possible area where the B wave might end and start the C wave of this correction from the last big run up?
Just practicing where corrections might head to.
Putting turning point projections so I can see how they play out.
I'm saving this so I can come back and look at it. ABC correction at end of first impulse down. Waiting to see what happens next.
If this is the start of some longer term dollar weakness, and we get a 5 count wave up before a correction, maybe this is how it will play out...
After the 5 wave uptrend, looking for a ABC correction, or a complex correction
Practicing my wave projections, NOT TRADING ADVICE.